Seniors vs Kids — in the future of Bitcoin

[jeraldskie11]

I saw some post in this forum talking about kids with cryptocurrency. We all know that the "youth are the hope of our Country", this is what Jose Rizal said, known as a national hero in the Philippines before he died. So if we relate this with Bitcoin, kids has a lot of time, strength and potentials than Seniors, and I think most of you agree with that. However, we shouldn't force our kids to learn Bitcoin if they're not willing, we have to wait patiently for the right time.

I saw a news saying that in "2022 Crypto scams against seniors surged 78%", you might agree that one of the reason why these happened is the lack of knowledge in cryptocurrency. But a lot of seniors contributes to the success of Bitcoin.

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?

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[Obari]

I saw some post in this forum talking about kids with cryptocurrency.

Well, I'm not certain but I think that should be my thread and here is the link for all those  who missed and might still want to have a look.

We all know that the "youth are the hope of our Country", this is what Jose Rizal said, known as a national hero in the Philippines before he died.

I guess this post is basically directed  to Philippines and I also agree with the fact that kids are the hope of a country(maybe Philippines and every country that is supposed to be normal bjt not my country) I also don't mean any disrespect  to my country mean and women over here but I don't think the kids are the hope of my country because they are deprived alot, and most of them are forced into drugs taking and some unpleasant lifestyles.

So if we relate this with Bitcoin, kids has a lot of time, strength and potentials than Seniors, and I think most of you agree with that.

I don't agree with that and firstly, stop relating what your hero said to bitcoin  and let's handle bitcoin  as bitcoin  considering its volatility  and high mental work required.

However, we shouldn't force our kids to learn Bitcoin if they're not willing, we have to wait patiently for the right time.

Well this already makes an affirmation to your support on my opinion. I have no issues with parents introducing bitcoin  to their kids possibly in a more friendly and comic manner there by increasing their curiosity to wanting to learn about it and not making it seem they're trying to use their children to make corrections to mistakes they .are not to have accepted bitcoin  when the price was nothing and that was where my interest was.

Do you agree that kids is the future of Bitcoin than with seniors?

I don't agree that kids are the futurenof bitcoin  and when talking about kids, I mean children from the age of 13 and below.

And which of them will contribute the most?

Seniors and I mean the vibrant and intellectual ones.

[landheer]

indeed in this case we as young people or parents must continue to add knowledge and insight so as not to get a loss.

I also think that we shouldn't force children to invest in BTC.
and don't force adults or parents to invest in btc either.

indeed it would be very suitable to invest in btc at a young age because potentially there is still a lot of time and investing in btc is very suitable for the long term.

In my opinion, in this case, young or old are the same, the important thing is there must be interest, ready to take risks and extensive knowledge.

[SquirrelJulietGarden]

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?

Children are future of the world in all things and not limited in cryptocurrency future. They are fuel for development, adoption and evolution in the world.

The most painful conflicts among the old and young generations are their different world-views and it is difficult for them to understand each other. However if your are parents and already know about Bitcoin, cryptocurrency, you can teach your children about it. They will be able to absorb such news knowledge, technology very well. Children are very adaptive to learn new things and practice new things.

Like the elderly can feel hard to learn using Youtube but children can learn and practice it quickly.

[Asuspawer09]

I saw some post in this forum talking about kids with cryptocurrency. We all know that the "youth are the hope of our Country", this is what Jose Rizal said, known as a national hero in the Philippines before he died. So if we relate this with Bitcoin, kids has a lot of time, strength and potentials than Seniors, and I think most of you agree with that. However, we shouldn't force our kids to learn Bitcoin if they're not willing, we have to wait patiently for the right time.

I saw a news saying that in "2022 Crypto scams against seniors surged 78%", you might agree that one of the reason why these happened is the lack of knowledge in cryptocurrency. But a lot of seniors contributes to the success of Bitcoin.

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?

For sure the youth will be the hope and the future of our country, even on Bitcoin for sure the youth will be the future investors and holders of Bitcoin, Pretty obvious that senior investors are not the future since they are already old and probably going to natural death soon. But I guess what's important here is this senior is going to teach their knowledge to their kids, not necessarily kids but maybe if they are already a youth, it is probably the right timing to teach them about finances like saving and investing, maybe if they are a teenager you could teach them saving and investing and then when they rich college you could start teaching them about cryptocurrency and them Bitcoin what is it and why they should start investing on it.

There are a lot of new ways hacker tries just to scam people and there are times that even experience trader falls into the traps of this hacker but it is most likely that newbie investors become the victim of these hacks because they don't have enough experience with these things.

[mk4]

I saw a news saying that in "2022 Crypto scams against seniors surged 78%", you might agree that one of the reason why these happened is the lack of knowledge in cryptocurrency.

It's the lack of knowledge in technology and finance in general mostly, not necessarily lack of knowledge in cryptocurrency.

Do you agree that kids is the future of Bitcoin than with seniors?

The younger generation is the future when it comes to technology in general — not just bitcoin/crypto.

And which of them will contribute the most?

You simply don't expect majority of the older generation to buy bitcoin, unless fiat currencies get screwed in the next decade and bitcoin goes supercycle.

[DapanasFruit]

I think we should not be asking the contributions of kids on Bitcoin and cryptocurrency as they are just starting in life and just about to be facing the many good and bad realities of this world. But we can be evaluating the many things that younger people - I guess those belonging below 30. Being technology-driven, younger people has a big space in cryptocurrency and in fact we have many famous personalities who made their mark in crypto while still young though we should not also discount what older people contributed along the way.

As of now, we can promote the education of cryptocurrency and the importance of this into their future as the world is really changing in  a fast-paced nature. I am sure that the future of today's children will be so radical or different than what we 'seniors" had. Right now is the right time to prepare them to be tough and be resilient and never be feeling "privileged" so they can survive the nastiness of this world.

[Despairo]

So you're trying to say if kids is better than seniors? you need to remember if there's no barrier in learning and gain knowledge, which mean both of kids and seniors can learn a new thing as long as they spend time and effort, the difference is the way they learn and how long they can understand.

I don't think the next generations will contribute a lot for Bitcoin, it's not something that need to be changed with the current situation. They will still follow the main rule of Bitcoin which is decentralization, so they just will continue about the idea.

[komisariatku]

I saw a news saying that in "2022 Crypto scams against seniors surged 78%", you might agree that one of the reason why these happened is the lack of knowledge in cryptocurrency. But a lot of seniors contributes to the success of Bitcoin.

Scams happen because they don't buy bitcoins, they play with altcoins. I think this is what makes bitcoin's image so bad, scammers use crypto to cheat because most people still don't understand crypto and bitcoin. Yes.... Scammers always know where to take their action, they use crypto as a fraud tool

I think the recent crypto hype is baiting scammers into action. They take advantage of circumstances for their own benefit. If they buy bitcoins, no one will be scammed, at least they will only lose if they can't hold onto the bitcoins for a long time, but no one is getting scammed and their money won't be wasted. But that's commonplace in the investment world

For our children, let them learn according to their wishes. If they love bitcoin that would be great, but there's no need to force it, just let them grow and make their own world

[Zaguru12]

It's the lack of knowledge in technology and finance in general mostly, not necessarily lack of knowledge in cryptocurrency.

I would agree that the negligence or total lack of older generations using the internet plays a key role in these. Once someone isn’t into these technologies then the idea of bitcoin becomes wouldn’t sit with them. Bitcoin no matter how easy it seems needs these knowledge for either daily transactions or even how to secure the funds.

You simply don't expect majority of the older generation to buy bitcoin, unless fiat currencies get screwed in the next decade and bitcoin goes supercycle.

Second again, because the older generations already have the narratives that anything that actually promises return on the internet without having a physical entity then such thing is branded a Ponzi scheme. And the continuous rate of which Alticoins crashes or the number wallet hacks will certainly discourage them.

The only way that the older generations could pick massive interest in bitcoin is when the government comes out fully to support it because these people without government support bitcoin has no future. Also the stereotype spread around bitcoin if it continues certainly reduce there numbers

[Kakmakr]

The increase in the number of more senior citizens investing in Bitcoin, might purely be speculative. The older people are looking for ways to grow their investments above inflation and we have seen what potential Bitcoin has to beat inflation.

The younger people are risk takers and they are obviously the next generation to take over from the older people, so we have to include them to have a future for Bitcoin. 

[pakhitheboss]

Scams happen because they don't buy bitcoins, they play with altcoins. I think this is what makes bitcoin's image so bad, scammers use crypto to cheat because most people still don't understand crypto and bitcoin. Yes.... Scammers always know where to take their action, they use crypto as a fraud tool

I think the recent crypto hype is baiting scammers into action. They take advantage of circumstances for their own benefit. If they buy bitcoins, no one will be scammed, at least they will only lose if they can't hold onto the bitcoins for a long time, but no one is getting scammed and their money won't be wasted. But that's commonplace in the investment world

For our children, let them learn according to their wishes. If they love bitcoin that would be great, but there's no need to force it, just let them grow and make their own world

Scammers are becoming smart every day and are now coming out with new strategy which is not easy to understand by anyone. Seniors are once their target due to their lack of knowledge & understanding of cryptocurrencies. Seniors usually see Bitcoin as an easy way to multiply their wealth and the scammers find them easy to convince with the pretext of investment. As investing might not be that easy to understand for many seniors in the era of Bitcoin.

I am against forcing children to learn about Bitcoin, In my country few particular states have already incorporated Bitcoin and other cryptocurrencies in the school syllabus of children. Now it would depend on them whether these children in the future would like to implement those learning in their regular life.

[ancafe]

So if we relate this with Bitcoin, kids has a lot of time, strength and potentials than Seniors, and I think most of you agree with that. However, we shouldn't force our kids to learn Bitcoin if they're not willing, we have to wait patiently for the right time.

Talking about children people generally think about their maturity in being responsible and this category is generally not yet formed in children, because it might talk about an immature age for the responsibilities they must have. Children do not need to be limited in learning something they want or something we want to introduce because their memory is still strong and it is very easy to teach something new. There is no compulsion in terms of investing or getting to know bitcoin because children do not yet have the responsibility to make money.

But it's best to provide direction and understanding little by little for them, so they have an interest in learning first. When the time comes they have the provisions to run and are no longer bitcoin unfamiliar to them.

I saw a news saying that in "2022 Crypto scams against seniors surged 78%", you might agree that one of the reason why these happened is the lack of knowledge in cryptocurrency. But a lot of seniors contributes to the success of Bitcoin.

The intended knowledge is not limited, but they do not have an understanding of technology and cryptocurrencies, thus making the seniors you mean easily deceived by others in the crypto world. The level of success in cryptocurrencies depends on how knowledgeable they are in it and scams only happen when they don't understand how it works.

[GreatArkansas]

(....)
Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?

This is already given even in non-bitcoin related because what most seniors know or what's on their minds is for them to enjoy their life, no more work to do or nothing more compared to kids or younger ones who still got a lot of energy and time.

About Bitcoin, it's normal that most seniors are against or have no idea about Bitcoin because most of them are "old school" where in their time it was completely different compared to what we have now, so they must be educated also on what we have now and must be respected their vision or own opinion.

[Learn Bitcoin]

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?

Several similar discussions are going on already. Not sure if this thread was necessary. The question asked does not make sense to me. You don't have to ask obvious things. It's obvious that kids are the future of Bitcoin. We won't live forever. We will die, and kids will grow up, and they will adapt to new technologies. Bitcoin will be available all over the world in the future.

Your question is like did someone die in covid-19 pandemic? Did the sun power up the Earth? Do we have to eat to be alive and get strength? Those are obvious things. You don't have to ask questions to know such things. You and I both know Kids are the future of Bitcoin.

[crwth]

I don't know why this is even being talked about or something but knowing the meaning of "Future" can answer the question already. It's with the next few decades that are going to be considered to that and the kids then would be the people who are going to be pioneering something. So now they are the future. I believe that kids are definitely the future because of this. It's up to them to learn and understand it and how they could improve it.

Why do you even compare them TBH? Why not work together for the future to make everything better? Everyone is going to benefit from it someway somehow, right?

[Blitzboy]

I think you raised an important issue. It's crucial to evaluate how the young and old shape Bitcoin's future. Bitcoin's evolution may be driven by our youth's interest, time, and technology skills. We must remember that learning, including Bitcoin, should be voluntary. Thats true.

However, elderly are important. Seniors are being targeted by scammers because of their lack of information and security. Bitcoin's narrative and acceptance are shaped by many experienced minds. As a result, both groups are vital to Bitcoin's future. A balance of youthful enthusiasm and old wisdom to guide Bitcoin's future is optimal.

[GeorgeJohn]

It's not right to force our kids to do what they don't want to do, especially forcing them to know bitcoin, bitcoin is not what you can force a kid to know, you can for your child to school and secure minor employment opportunities not a bitcoin, whosoever that have have a kids don't have the right to suffocate them because the person want to impact the knowledge of bitcoin the his kids by force, a child will work on what he can do better

[xSkylarx]

I saw some post in this forum talking about kids with cryptocurrency. We all know that the "youth are the hope of our Country", this is what Jose Rizal said, known as a national hero in the Philippines before he died. So if we relate this with Bitcoin, kids has a lot of time, strength and potentials than Seniors, and I think most of you agree with that. However, we shouldn't force our kids to learn Bitcoin if they're not willing, we have to wait patiently for the right time.

I saw a news saying that in "2022 Crypto scams against seniors surged 78%", you might agree that one of the reason why these happened is the lack of knowledge in cryptocurrency. But a lot of seniors contributes to the success of Bitcoin.

Do you agree that kids is the future of Bitcoin than with seniors?
And which of them will contribute the most?

Bitcoin is not like our community or our society that we can compare because youth are really the hope of the country. It's because they have the brightest minds that can invent things, build businesses that can help the country, and have out-of-this-world ideas that the older ones don't have. Whereas in Bitcoin, it is only about awareness; it is like those youths or kids know more or learn more about crypto or Bitcoin, and it is close to none that are getting scammed compared to this generation, as there are still older people adopting it without any knowledge, which is why they are getting scammed. I can only compare them with literacy, and I don't really see any development in Bitcoin (though, let's say, innovations), but Bitcoin is somewhat finished in developing.

[riantolie]

I think that scams are happening not just because of a lack of crypto knowledge, but because of a lack of cyber security in general. And people's naivety. I think that's what should be told to the teenagers at some point. I had to learn that the hard way, but at least I lost not a lot of money when I was starting using the internet around 15 years ago.